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20121027
20121104
Search Results 0 to 9 of about 10 (some duplicates have been removed)
to cut tax rates and pay for it by closing loopholes. two. he wants to increase defense spending by about $2 trillion over ten years. and three, he says he'll balance the budget at the end of his second term. let's start with the tax cuts. >> i want to bring down rates. want to bring the rates down, at the same time, lower deductions and credits so we keep getting the revenue we need. >> romney's across the board tax cut of 20% is $5 trillion worth. now, romney plans to close loophole to pay for it. we just don't know which wups, so we had to take some liberties on the map here. the joint committee on taxation did one test study and i have it right here. keep in mind, this was done based on current law, which assumes the bush tax cuts expire at the end of the year. they concluded that revenue neutral tax reform would permit a 4% decrease in all ordinary income tax rates. now, that's not close to 20%. now, let's get to the second thing. adding more than $2 trillion to defense spending. according to analysis conducted money, romney will add $2.1 trillion in defense spending over a decade. n
important here. ♪ >>> just in, the defense department announcing it's second extra fuel to the new york area. the defense logistics area buying up to ten million gallons of diesel fuel for distribution in storm-affected areas. as we have been telling you, the panic for gas has created miles-long lines at gas stations, and many, many hours. only 40% to 50% of the gas stations in new york city and new jersey are even operating tonight. many of them are just out of service because they have no power. something that perhaps could have been anticipated before the storm. >>> now to tonight's outer circle, where we reach out to sources around the world. we go to mali where the u.n. refugee agency says there are as many as 85,000 more refugees in the country than previously thought. the agency says hundreds of thousands of people are fleeing a deteriorating situation in the north of the country where islamist militants have taken route. david mckenzie is following the story and i asked him how bad he's hearing it's getting. >> reporter: it could be the next front line in the global fight against al
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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